Appinventiv’s team of blockchain marketers, designers and developers know how to employ the tools necessary to help companies work in a decentralized ecosystem.
HOUSTON (PRWEB) March 27, 2019
Bitcoin Oil (http://www.bitcoinoil.com) and Appinventiv (http://www.appinventiv.com) are pleased to announce that they have entered into a Letter of Intent (LOI) dated February 22, 2019, which outlines the technical tasks and innovation strategies pursuant to which Bitcoin Oil and Appinventiv intend to launch its blockchain development. Appinventiv will be supporting various strategies of Bitcoin Oil’s Bitcoin improvement projects that are contributing towards the creation of BTCO’s Bitcoin hard fork and its all-new PoS based cryptocurrency. This particularly significant cooperation will, when put into full operation, constitute a major step forward for Bitcoin Oil and its cryptocurrency development team which will be enabled to draw on many years of Appinventiv’s blockchain experience and access its pool of 200+ top-notch developers.
Appinventiv is a leading mobile application development company, with its offices based in India, U.S., and Dubai. Founded in 2015, Appinventiv made a mark in the competitive market within a few years of its establishment. They have extensive experience working with a series of disruptive technologies including AR/VR, Beacons, and Blockchain. Their young and agile team is committed to providing a great range of blockchain services to its customers. Some of their areas of excellence include initial coin offering, smart contract, cryptocurrencies, bitcoin, Ethereum, tech audit and IoT in the blockchain. They hold expertise in cryptocurrencies, development of smart contracts and auditing the processes before they go live on an unaltered system. Appinventiv’s team of blockchain marketers, designers and developers know how to employ the tools necessary to help companies work in a decentralized ecosystem. Their team of Blockchain App Developers also has the expertise to create different types of Cryptocurrency Wallets which are used for Recording, Storing and Transacting in demand transformative currency.
About Bitcoin Oil
Bitcoin Oil (BTCO) is the official name of Bitcoin’s 2019 PoS hard fork which plans to implement a whole range of long overdue Bitcoin improvements. The new BTCO cryptocurrency will be based on the Bitcoin blockchain network, and the centerpiece of Bitcoin Oil and its “Optimally Improved Ledger” (OIL) will be the highly innovative “SSPSS” strategy focusing on the development and implementation of essential Bitcoin improvements in the fields of Stability, Sustainability, Privacy, Smart Sidechains, and Scalability, or “SSPSS”, including but not limited to key new Bitcoin blockchain features such as (i.) minimizing Bitcoin’s volatility (i.e. by connecting it with stable off-chain values), (ii.) drastically reducing Bitcoin’s insane energy consumption (i.e. by altering the consensus protocol to PoS), (iii.) implementing true privacy features (i.e. by enabling confidential transactions), (iv.) empowering Bitcoin based ICOs and STOs (e.g. by employing full smart contract functionalities), and last but not least (v.) developing cutting-edge scalability solutions (i.e. by complete integration of layer 2 protocols and offline transactions). To learn more about Bitcoin Oil, visit our website at http://www.bitcoinoil.com and please review our future press releases as well as our forthcoming white paper, or if you are interested in purchasing Bitcoin Oil, please contact us at email@example.com or call us at +1-8777-BITCOINOIL.
This press release shall not constitute an offer to sell or the solicitation of an offer to purchase any coin or right described herein, nor shall there be any sale of these coins or rights in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
This press release contains information about pending transactions, and there can be no assurance that any of these transactions will be completed in accordance with the terms described in this press release or at all.
This press release contains information about a possible hard fork of the Bitcoin network. Neither the Bitcoin Oil or such other crypto-asset generated through the hard fork nor the Bitcoin Oil or such other crypto-asset generated thereafter by any other method will be registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction and may not be offered, sold, pledged or transferred within the United States or such other jurisdiction without registration or an applicable exemption from such registration requirements. Even though Bitcoin Oil intends to deliver and distribute certain bonus to the Bitcoin Oil record holders of the Bitcoins then existing on the Bitcoin network, such delivery and distribution may be restricted or prohibited by laws of the jurisdiction in which such holders reside or such distribution or delivery may result in Bitcoin Oil being required to register under the Exchange Act of 1934, as amended, or the securities law of any other applicable jurisdiction. We are in the process of assessing regulatory requirements for the delivery and distribution of such bonus of Bitcoin Oil to the then holders of the Bitcoins as part of the hard fork and there can be no assurance whether we would be able to make any delivery or distribution, or at all, to any such holder in connection with the hard fork.
This press release contains statements that are forward-looking (such as when Company describes what it “plans,” “believes,” “intends,” “seeks,” “aims,” or “anticipates” will occur, what “will,” “potentially,” or “could” happen, and other similar statements or the negative of such terms or statements), which may not be correct, even though Bitcoin Oil believes that they are reasonable at the time of this press release. Bitcoin Oil undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made.
Attn: Media Relations
Ms. Hannah Paddock (CMO)
Attn: ICO Information
Mr. Donald H. Goree (CEO)